In compliance with the provision of R-31(4) of the SEBI(SAST) Regulation, 2011
Awaiting price reaction for this filing.
Alchemist Corporation Ltd's promoter, Rajendra Seclease Limited, has filed its annual declaration under SEBI's Takeover Regulations confirming that it did not create any encumbrance (such as pledge or lien) on the company's shares during the financial year ended March 31, 2025. The disclosure was made by both the company and the promoter entity to BSE on April 9, 2025, in compliance with Regulation 31(4) of the SEBI (SAST) Regulations, 2011. This is a routine yearly compliance filing rather than a corporate action. No details about shareholding percentage or any change in promoter stake were mentioned.
This is a neutral, routine compliance filing with no impact on stock price. It simply reassures investors that the promoter has not pledged any shares, which is mildly positive from a governance standpoint.